Silver Trend Today Technical Analysis for 03-12-2019 16:00:05


In 1 hour chart Silver price continues to trade at 44455 and below the (Exponential Moving Average)EMA200 value of 44476.2 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Silver continues to trade below level, that could be an extraordinarily Bearish sign for Silver

Even so, the 200-candle Exponential moving average (EMA) price range of 44476.2 is proving a tough nut to crack.

Pivot (invalidation): 44233.3

Our preference: Long positions above 44389.7

Alternative scenario: Below 44050.7 look for further downside.

Support Resistance Levels For Silver Today at 03-12-2019 16:00:05

Pivot: 44233.3

Resistance 1: 44389.7

Resistance 2: 44572.3

Resistance 3: 44728.7

Support 1: 44050.7

Support 2: 43894.3

Support 3: 43711.7

Yesterday High Low Close For Silver

Yesterday High: 44416

Yesterday Low: 44077

Yesterday Close: 44207

Today at 03-12-2019 16:00:05 Silver trading at 44455 with high of 44455 and low of 44150

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.